See my returns and portfolio breakdown. Follow for investment tips$ETH The cryptocurrency market suffers heavy losses and 'Ethereum' drops by more than 9%

Cryptocurrency prices fell collectively during trading on Friday, led by Bitcoin as correction and profit-taking continued from record levels.

Investors shied away from high-risk assets amid fears of escalating geopolitical tensions following Israel's airstrikes on Iran in a new escalation of the war between them.

Bitcoin suffered heavy losses, dropping notably this morning to below $104,000, while smaller coins recorded even larger losses.

Bitcoin saw a decline of about 3.40%, reaching a price of $104,227, after it had recorded unprecedented all-time highs at the beginning of this month.